Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 20.5 to 17.5.
Financials
Financial year 2025
GALVANISATION DU CONDROZ from Ouffet, company number BE0415251159, closed financial year 2025 with a result of € -16,571 after tax. For that financial year GALVANISATION DU CONDROZ recorded revenue of € 3.5 million and equity of € 582,642. Compared with financial year 2024, the result moved from € 62,398 to € -16,571. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 582,642
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,571
▼ still € 62,398 profit in 2024
Profit after tax over the fiscal year.
€ 151,920
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 257,642.
People and assets in 2025
17.5
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 856,605
▲ 1% vs 2024
€ 48,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,152
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
Loans from banks and other lenders, long and short.
€ 1.3 million
▲ 103% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 181 days on average.
€ 47,978
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,484,332 | € 3,886,828 | € 3,227,855 | € 3,460,984 | ▲ 7% |
| Profit after taxes | € -59,718 | € -25,548 | € 62,398 | € -16,571 | ▼ € 78,969 |
| Equity | € 567,287 | € 541,739 | € 599,213 | € 582,642 | ▼ 3% |
| Total debts | € 993,567 | € 912,742 | € 715,925 | € 2,392,045 | ▲ 234% |
| Cash | € 175,767 | € 98,363 | € 227,688 | € 151,920 | ▼ 33% |
| Land & buildings | € 465,162 | € 469,477 | € 398,690 | € 995,214 | ▲ 150% |
| Retained profit | € 237,363 | € 211,815 | € 274,213 | € 257,642 | ▼ 6% |
| Bank debt | € 62,116 | € 22,120 | € 0 | € 1,050,000 | |
| Balance sheet total | € 1,762,974 | € 1,656,601 | € 1,515,138 | € 3,170,687 | ▲ 109% |
| Employees (FTE) | 22 | 20.5 | 19.4 | 17.5 | ▼ 1.9 |
Key figures of GALVANISATION DU CONDROZ, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GALVANISATION DU CONDROZ?
What happened at GALVANISATION DU CONDROZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jeroen BELJAARS stepped down as director. NBB
- Hans LENAERS stepped down as director. NBB
- Norbert BELJAARS stepped down as director. NBB
- WEERT GROEP INVEST BELGIE SA stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 16,571 (▼ € 78,969 vs 2024). Source: NBB ↗
- Jeroen BELJAARS became a director. NBB
- Hans LENAERS became a director. NBB
- Norbert BELJAARS became a director. NBB
In short
From € 59,718 loss in 2022 to € 16,571 loss in 2025.
Best year ever: 2024, with € 62,398 profit.
Pays suppliers within 181 days on average.
Management
The stake of WEERT GROEP INVEST BELGIE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GALVANISATION DU CONDROZThe shares are held by WEERT GROEP INVEST BELGIE (96.5%).
Directors
According to the 2025 annual accounts
Jeroen BELJAARS
Director
since 2024 · until 2030
since 2024 · until 2030
since 2024 · until 2030
Chairman of the board · represented by Mirjam BELJAARS-MUYSERS
Also active at: ELECTROCOAT GENK
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Pelé-Bois SN
4590 Ouffet
Rue Pelé-Bois -
4590 Ouffet
Active since 1 July 1975
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLDIN-NL Your Hosting B.V. part of Your.Online, NL
Domain
Domain
weertgroep.net
Registered
2007-06-07
Registrar
Tucows Domains Inc.
Expires
2026-06-07
Website info
Features
Security
Network
Details
- Company number
- 0415.251.159
- VAT number
- BE 0415.251.159
- Registered office
- Rue Pelé-Bois SN, 4590 Ouffet
- Names & denominations
- GALVANISATION DU CONDROZ · GALVACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 1975
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- wecoat.net 086366511
- Activities · NACE
Coating van metalen
Oppervlaktebehandeling en bekleding van metaal
Oppervlaktebehandeling van metalen